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MILWAUKEE-Wave Development LLC intends to purchase and raze the buildings located to the south and west of the Johnson Bank building in Milwaukee in order to develop a new Marriott-branded hotel. The company plans to begin hotel construction in 2011. The project worth $50 million was approved by the city officials in January 2011.

One of the structures to be razed on Wisconsin Avenue accommodates Downtown Books, a used book retailer. MBI Properties LLC is the owner of the building.For the full story, go to Business Journal Serving Greater Milwaukee.


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